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Dictionary
allocable
adjective
Able to be allocated
synonyms
Exact(4)
Another approach to integration involves granting shareholders a credit (offset against their individual tax liability) for the corporate tax allocable to dividends they have received.
The National Aeronautics and Space Administration says in its contract with the company that it will cover its pension costs "to the extent they are otherwise allowable, allocable and reasonable".
"This debt is not a liability of the city's general fund; and, even if it were, only a fraction of it would allocable to the city," he writes.
That portion allocable to state business can be paid by the government.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com